
Apartments for Rent with Specials in the Shadow Lakes Neighborhood of Carmel, IN (13 Rentals)
Apartments in the Shadow Lakes area of Carmel with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


The Wren & The Windsor in Carmel City Center

Lakes of Carmel

Carmel Woods

Portrait Midtown

The Kent at Carmel City Center
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Apartments at 1st on Main

VER at Proscenium Apartments

The Village on Spring Mill

Farmhouse at Lantern Commons

The Union at Grand Junction

Redwood Noblesville Webster Drive
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Cottages at Sanders Glen
Shadow Lakes, Carmel, IN Local Guide

How much does it cost to rent an apartment in Shadow Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shadow Lakes Studio Apartments | $1,520 | $1,078 | $2,087 |
| Shadow Lakes 1 Bedroom Apartments | $1,636 | $1,174 | $2,577 |
| Shadow Lakes 2 Bedroom Apartments | $2,041 | $1,275 | $4,282 |
| Shadow Lakes 3 Bedroom Apartments | $2,540 | $1,608 | $4,935 |
| Shadow Lakes 4 Bedroom Apartments | $6,652 | $6,486 | $6,819 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 3 mile radius of the Shadow Lakes Neighborhood of Carmel, IN.
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Shadow Lakes, Carmel, IN Local Guide
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Top Carmel Apartments in the Shadow Lakes Area with Move-In Specials Ending Soon
Specials updated: 04-25-2026Take advantage of these move-in and rent specials that are ending soon for top Shadow Lakes, IN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Carmel Woods
One Month Free w/ 12-Month Lease!Expires 04-24-2026
The Kent at Carmel City Center
Move In on or before April 27, 2026, and receive May 2026 FREE with a 12-month lease! Restrictions Apply.Expires 04-25-2026
The Wren & The Windsor in Carmel City Center
Move In on or before April 27, 2026, and receive May 2026 FREE with a 12-month lease! Restrictions Apply.Expires 04-25-2026
Lakes of Carmel
One Month Free Rent on select unitsExpires 04-25-2026
The Apartments at 1st on Main
Move in by April 30th and get 1 month free on select 1-bed unitsExpires 04-25-2026
Portrait Midtown
Move-In Special: 1 Month FREE + $1,000 Gift Card + $250 Credit! Restrictions apply. Contact leasing for details.Expires 04-25-2026
The Union at Grand Junction
Move in by 4/30/2026 and receive: Your first full month of rent FREE Up to $700 in additional savings with qualifying application. Restrictions apply.Expires 04-25-2026
Carmel Center
Biggest 1-Bedroom in Carmel! Walk to the Monon Trail! Spring Specials! Only 2 Left!Expires 04-25-2026
Redwood Noblesville Webster Drive
Get ONE month FREE! Restrictions apply. Our leasing office is located at 10147 Harewood Dr N, Noblesville, IN 46060. In-person tours at Redwood Noblesville Webster Drive are offered by appointment only.Expires 04-25-2026
VER at Proscenium Apartments
Call the Leasing Office today to see how you can get $500 off your first full month! *Restrictions apply. Exclusive to new residents. Call the office for details.Expires 04-25-2026
Newly Listed Move-In Specials offers for Apartments in Shadow Lakes, IN
Specials updated: 04-25-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in Shadow Lakes, IN. Be sure to take advantage of some of the area’s top offers.
Cottages at Sanders Glen
ONE MONTH FREE on select Apartment Homes! Please contact our leasing team to schedule a tour TODAY!Expires 04-30-2026
Farmhouse at Lantern Commons
UP TO 1.5 MONTHS FREE WHEN YOU MOVE IN BY APRIL 30TH!Expires 04-30-2026
The Union at Grand Junction
Move in by 4/30/2026 and receive: Your first full month of rent FREE Up to $700 in additional savings with qualifying application. Restrictions apply.Expires 04-25-2026
Carmel Center
Biggest 1-Bedroom in Carmel! Walk to the Monon Trail! Spring Specials! Only 2 Left!Expires 04-25-2026
Redwood Noblesville Webster Drive
Get ONE month FREE! Restrictions apply. Our leasing office is located at 10147 Harewood Dr N, Noblesville, IN 46060. In-person tours at Redwood Noblesville Webster Drive are offered by appointment only.Expires 04-25-2026
VER at Proscenium Apartments
Call the Leasing Office today to see how you can get $500 off your first full month! *Restrictions apply. Exclusive to new residents. Call the office for details.Expires 04-25-2026
The Apartments at 1st on Main
Move in by April 30th and get 1 month free on select 1-bed unitsExpires 04-25-2026
Portrait Midtown
Move-In Special: 1 Month FREE + $1,000 Gift Card + $250 Credit! Restrictions apply. Contact leasing for details.Expires 04-25-2026
The Kent at Carmel City Center
Move In on or before April 27, 2026, and receive May 2026 FREE with a 12-month lease! Restrictions Apply.Expires 04-25-2026
The Wren & The Windsor in Carmel City Center
Move In on or before April 27, 2026, and receive May 2026 FREE with a 12-month lease! Restrictions Apply.Expires 04-25-2026
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleShadow Lakes, Carmel, IN
Ranked #2
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Shadow Lakes, Carmel, IN
School data provided by Great Schools
Frequently Asked Questions about Rent Specials Shadow Lakes Apartments
What is the Cheapest Rent Specials apartment in Shadow Lakes?
Currently the most affordable Rent Specials Apartment in Shadow Lakes is at The Wren & The Windsor in Carmel City Center listed at $1,078.
How much is the average rent for a Rent Specials Shadow Lakes Apartment?
The average rent for a Rent Specials Apartment in Shadow Lakes is $2,238.
What is the largest Rent Specials Shadow Lakes Apartment for rent?
Today's Rent Specials apartment with the most square footage in Shadow Lakes is a 1,946 square feet unit starting from $1,395 at Carmel Center.
What is the average size for Shadow Lakes Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Shadow Lakes is currently at 689 sq ft.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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